Practice Tips

Resources to Help REALTORS® and Your Clients Navigate Extreme Climate

Annual widespread wildfires and flooding have unfortunately become a regular occurrence in BC. In 2021, the province recorded more than 1,600 wildfires that burned more than 869 hectares. Sixty per cent of the wildfires occurred naturally. Meanwhile, extreme weather and mass flooding devastated communities and hundreds of homes across the province.   There is no

Cybersecurity Tips for REALTORS®: Multifactor Authentication

With most of our business being conducted online, REALTORS® and managing brokers must be aware of good cybersecurity practices. Ensuring your digital accounts are secure online prevents hackers from obtaining not just your sensitive information, but also private client information. In a recent Community of Practice for Managing Brokers session, BCREA Technology Manager, Mairon Batista,

LTSA to Increase Fees in April

The Land Title and Survey Authority of British Columbia (LTSA) has announced that it will be increasing service fees as of April 1, 2022. According to LTSA, the net increase will be 1.4% to the overall customer fee. To view the current and projected fees, click here. LTSA says that it uses revenue from fee

Has Your Brokerage Re-Activated Their COVID-19 Safety Plan?

On January 7, BC’s Provincial Health Officer announced that employers are required to re-activate their COVID-19 Safety Plans. To ensure the safety of REALTORS®, managing brokers and their clients, we recommend brokerages update and re-activate their COVID-19 Safety Plan after reviewing the updated Work Safe BC COVID-19 Safety Plan template. BCREA will continue to update

UPDATE: BC Imposes New Social Restrictions With COVID-19 Cases Rising

UPDATE – December 22, 2021 – This blog post was updated to reflect the revised orders and restrictions announced by the Provincial Health Officer on December 21, 2021. With the number of new COVID-19 cases rising as a result of the omicron variant, BC’s Provincial Health Officer (PHO) Dr. Bonnie Henry announced new public health

Land Owner Transparency Registry Filing Extended to 2022

The Land Owner Transparency Registry (LOTR) filing deadline has been extended to November 30, 2022, without incurring penalties. This extension gives reporting bodies with interests in land more time to file a transparency report.  According to the BC government, they “heard from legal professionals in BC that pre-existing owners need more time to gather information about ownership and prepare to file with the registry.” 

Masks Recommended for REALTORS® and Clients as BC Introduces New COVID-19 Measures

The British Columbia Real Estate Association (BCREA) recommends REALTORS® and your clients once again wear masks while conducting open houses and private showings as a result of rising COVID-19 case numbers and the BC government’s recent announcement that beginning August 25, people 12 and older – both vaccinated and unvaccinated – will be required to wear a mask in indoor public spaces.   The government also announced that proof of vaccination through a

Where to Find Resources From BCFSA, Real Estate’s New Regulator

Realtors are invited to a webinar regarding the Fall 2020 Standard Forms Release

On August 1, 2021, the BC Financial Services Authority (BCFSA) became the new regulator for real estate service providers in BC. That means the Real Estate Council of BC (RECBC) and the Office of the Superintendent of Real Estate (OSRE) no longer exist.   BCREA recently published a blog post with a video explaining the change in regulators and a series of resources

Revised Real Estate Rules Now in Effect Under New Regulator

As a result of the integration of the Real Estate Council of BC (RECBC) and Office of the Superintendent of Real Estate (OSRE) into the BC Financial Services Authority (BCFSA) on August 1, the Real Estate Rules, now named the Real Estate Services Rules, have been revised. The changes take effect immediately. With RECBC and

Five Insurance Tips for Wildfire Season

Sadly, it seems that in addition to spring, summer, fall and winter, BC now has a fifth season: wildfire season. What’s worse is that this year the wildfire season has gotten off to an early start, making it more important than ever for REALTORS® to help clients manage wildfire risks. While there are some things

RECBC, OSRE and BCREA Update Recommendations on Open Houses

As of July 1, brokerages and REALTORS® should follow WorkSafeBC’s Communicable Diseases Prevention guidelines. June 30, 2021 – With British Columbians set to enter Step 3 of the province’s Restart Plan on July 1, the Real Estate Council of BC (RECBC), the Office of the Superintendent of Real Estate (OSRE) and the British Columbia Real

No Changes to Real Estate Practice in Step 2 of Restart Plan

With vaccine numbers rising and infection rates continuing to fall, BC is on track to move to step 2 of BC’s Restart Plan as of June 15 and all of us are eager for further easing of COVID-19 restrictions. However, REALTORS® and consumers will have to be patient a little longer when it comes to

Webinar Recording: Understanding the June 1 FINTRAC Changes

On June 2, BCREA hosted a free one-hour webinar to help REALTORS® and brokerages understand the new regulatory amendments introduced by the Financial Transactions & Reports Analysis Centre of Canada (FINTRAC) on June 1. Thank you to the over 4,400 Realtors who attended! If you attended the full live session, please allow up to two

Getting Ready for the June 1 FINTRAC Changes: Virtual Currency Obligations

By: Adam Feldman, CAMS, CAMS-RM, CSC, Guest Contributor The rise of virtual currency If you’ve followed the news lately, you’ve probably noticed the increased prominence that virtual currencies are gaining on the global financial landscape.  A 2019 study estimated that 9% of the global population owns Bitcoin, while British Columbia alone is home to 229

BCREA Video Series: Are You Ready for the June 1 FINTRAC Changes?

In case you haven’t heard, the Financial Transactions & Reports Analysis Centre of Canada (FINTRAC) has introduced new and revised regulatory requirements that come into effect on June 1, 2021, that will impact your real estate practice and anti-money laundering obligations. To ensure you’re ready for these changes, BCREA has created a series of short

UPDATE: Learn Ten Things About LOTR in Under One Minute

Updated on May 12, 2021, to reflect that the Land Owner Transparency Registry is now publicly searchable. The Land Owner Transparency Registry, or LOTR, is a publicly accessible registry of information about individuals who have an indirect interest in land that is held through corporations, trusts and partnerships. Here are ten things REALTORS® can learn

UPDATE: 2021 Changes to Your Anti-Money Laundering Obligations

FINTRAC: What’s Changed Using LOTR Last updated: June 1, 2021 Overview New and revised regulatory amendments from the Financial Transactions & Reports Analysis Centre of Canada (FINTRAC) are now in effect and BCREA has created this resource page to help REALTORS® and brokerages understand their new FINTRAC obligations and how to use BC’s Land Owner Transparency

UPDATED: Selling Tenant-Occupied Properties During the COVID-19 Pandemic

Update: This post was updated on May 5, 2021 after a review of suggested protocols. REALTORS® are encouraged to read the updated version below. Selling a tenant-occupied property is always more complicated than selling an owner-occupied property. Selling a tenant-occupied property during a global pandemic adds another layer of complexity.  As a REALTOR®, you have

UPDATED: As COVID-19 Case Counts Rise, REALTORS® Should Continue to Prioritize Health and Safety

Update: This post and the Safer Showings documents referenced below were updated on May 5, 2021 to align with Provincial Health Officer orders and directives up to and including April 2021. Real estate professionals must continue to adapt to protect themselves, consumers and communities from COVID-19. While provincial restrictions do not directly impact REALTORS® ability

Getting Ready for the June 1 FINTRAC Changes: Beneficial Ownership

By Adam Feldman, CAMS, CAMS-RM, CSC, Guest Contributor What is a beneficial owner, and why do I need to know?  A beneficial owner is defined in Canadian federal anti-money laundering regulations as an individual who owns or controls 25% or more of an entity. This could be through direct ownership or ownership of another entity. For

Getting Ready for the June 1 FINTRAC Changes: Business Relationships

By Adam Feldman, CAMS, CAMS-RM, CSC, Guest Contributor Brokerages have been required to conduct ongoing monitoring of their business relationships ever since the concept was introduced into regulation in 2014. At that time, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) clarified that a business relationship is established if a brokerage conducts two

Protecting Buyers – and Yourself – in a Hot Market

With interest rates at record lows and not enough available housing stock to meet demand, buyers are willing to take risks to clinch a deal. Still, as a REALTOR®, they look to you for information on managing those risks. As you work in your client’s best interest, in advising them don’t forget to manage your

What happens if your client or close contact tests positive for COVID-19?

If being in the midst of a global pandemic wasn’t enough, with BC’s historically busy housing market, REALTORS® are operating under extenuating circumstances and are faced with balancing health and safety with serving their clients best interests. As a result of COVID-19, you have adapted your practices to ensure your clients and the community at

REALTORS® and COVID-19: Three Tips for Working During the Hot Market

In February’s episode of Open House by BCREA, our monthly podcast for REALTORS®, host Tony Joe and his guests – former Real Estate Board of Greater Vancouver President and current Vancouver-area Realtor Phil Moore, and lawyer Brian Taylor – explore some of the challenges and opportunities of working in a historically busy market during COVID-19.

Updated Guidance for Real Estate Practice During COVID-19

UPDATE (January 14, 2021): As the spread of COVID-19 continues to be a concern, restrictions from the Provincial Health Officer (PHO) on social gatherings and non-essential travel, and a requirement for masks in public indoor spaces are still in effect until at least February 5, 2021. Updated guidance on safer showings from BCREA, the Real

Strata Depreciation Reports: What REALTORS® and Clients Need to Know

With more than 1.5 million British Columbians living in strata housing, not to mention all the commercial, industrial and mixed-use stratas in BC, it’s important that REALTORS® understand a key tool in assessing the condition of a strata property: the depreciation report. Here’s a quick primer on what you need to know and how to learn more.

COVID-19: Resources for REALTORS®

Last updated: July 1, 2021 The provincial state of emergency that was in place for more than a year has now been lifted. For British Columbians, this means unlimited indoor and outdoor personal gatherings, an end to mask mandates and the freedom to travel within Canada. For REALTORS®, this means the option to return to

Conveyancing Considerations During the COVID-19 Pandemic

The second half of 2020 has been a busy time for real estate transactions, which has resulted in an increase in conveyancing. To help control the spread of COVID-19, it remains paramount to continue using technology to reduce in-person contact during all aspects of a transaction, including conveyancing. In dealing with the consequences of the

Three Things to Know About the Land Owner Transparency Act and Registry

On November 30, the Land Owner Transparency Act (LOTA) and Land Owner Transparency Registry (LOTR) will come into effect. With them come new reporting requirements, filed by legal professionals, when an application is made to register an interest in land. To help REALTORS® and your clients get ready for LOTA and LOTR, here are three

REALTORS® Encouraged to Continue Safe Business Practices in Light of New Public Health Orders

With new health orders announced by the Provincial Health Officer (PHO) on November 19, BCREA encourages REALTORS® to continue COVID-19-conscious business practices, which includes using virtual tools when possible, to market, show, and view properties to help slow the spread of COVID-19. The PHO’s recent announcement and order extends the ban on social interactions and

Land Owner Transparency Registry Filings Required Beginning November 30

The Land Owner Transparency Act (LOTA) and the Land Owner Transparency Registry (LOTR) come into effect on November 30, 2020, and that means REALTORS® should prepare for changes to practice when completing a transaction to allow for the new reporting requirements outlined by LOTA. How does this affect your practice? Beginning on November 30, 2020,

The BC Energy Step Code and What It Means for REALTORS®

In the coming years, new homes in BC are about to get measurably healthier, quieter, more durable, and more energy efficient than those on the resale market, thanks to a regulation called the BC Energy Step Code. BCREA is collaborating with BC Hydro and the Real Estate Foundation of BC to ensure REALTORS® understand the

Signs You Should File a Suspicious Transaction Report

Filing a Suspicious Transaction Report (STR) can seem like a tough call – what’s considered suspicious? And how do they help anyways? The truth is STRs are an easy and important way for REALTORS® to help protect BC’s economy from money laundering. They also play a key role in helping law enforcement identify money launderers

Canada Emergency Commercial Rent Assistance for Commercial Owners Extended

By Ellen Baragon, Guest Contributor The federal government has extended the Canada Emergency Commercial Rent Assistance (CECRA) for another month to help small businesses cover rental costs through August 2020. This follows a previous CECRA extension for the month of July. CECRA provides forgivable loans to qualifying commercial property owners to cover 50% of three

Rent Repayment Plans and Other Residential Tenancy Updates

Rent payment being made by cheque

With an announcement on July 20, the BC Government is giving landlords and tenants information to help them plan for the near future. The ban on residential evictions for non-payment of rent will be lifted before September 1, which means full rent will be due in September. Repayment plans The government has published a repayment

COVID-19 and a Different Type of “Exposure” Risk

By Ellen Baragon, Guest Contributor Even when REALTORS® adapt strict COVID-19 safety protocols (you can review BCREA’s guidelines here), hosting open houses increases the risk of exposure to COVID-19. Hosting open houses also results in another type of exposure for Realtors: exposure to public scrutiny. With British Columbians anxiously watching the latest transmission numbers, neighbours

COVID-19 Community Care: Brokerage Raises $17,000 for Local Food Bank

Over the past several months, we’ve been sharing stories about the many REALTORS® across BC who are supporting their communities through the COVID-19 pandemic. For now, this will be the last post in the COVID-19 Community Care series. “A huge thanks to our fantastic agents, to Trinity Church and to the people of Kelowna, West Kelowna

Government’s First Actions on Strata Insurance

After hearing from strata corporations, owners and other stakeholders – including REALTORS® – for several months, on June 23 the BC Government introduced legislative changes to help address the high costs of strata insurance. Strong advocacy work by BCREA and the real estate boards has resulted in BCREA being named as a contributor in the

Blanket Ban on Residential Evictions Ends

On June 24, the BC Government made it possible to evict residential tenants for reasons other than non-payment of rent. That means real estate transactions that require vacant possession can now proceed. Landlords with existing orders for eviction can take them to the courts beginning July 2, 2020, for enforcement and can enforce a writ

Managing Online Communities While Returning to Operation

With Phase 2 of BC’s Restart Plan underway, REALTORS® may encounter concerns or criticism from consumers, especially online. In the latest episode of Open House by BCREA: Returning to Work and Risks to REALTOR® Reputation, Ari Indyk, VP Crisis and Risk at Edelman, provides advice on mitigating and responding to consumer concerns as we navigate

Can the Regional Relief and Recovery Fund Help You?

By Ellen Baragon, Guest Contributor The federal government’s Regional Relief and Recovery Fund (RRRF) could assist brokers who, for various reasons, have not been able to take advantage of other programs such as the Canada Emergency Business Account (CEBA). The $1 billion fund was launched in May to support small to medium businesses struggling to recover

Using CREA’s Health Waiver

Recently the Canadian Real Estate Association (CREA) uploaded a Coronavirus Statement & Consent form to WEBForms® for REALTORS® to use with clients. In signing the form, clients state that they currently don’t have any COVID-19 symptoms and haven’t been in contact with anyone with symptoms. The person signing the form is also giving the brokerage

COVID-19 Community Care: Kelowna REALTOR® Delivers Chef-Prepared Meals

Over the coming weeks, BCREA will share stories about the many REALTORS® across BC who are supporting their communities during the COVID-19 pandemic. “I enjoy the privilege of delivering chef-prepared meals to vulnerable members of our community.” During the COVID-19 pandemic, Michael Loewen, REALTOR® with Royal LePage Kelowna and member of the Okanagan Mainline Real Estate Board,

Applications for BC Emergency Benefit for Workers Now Open

As of May 1, 2020, British Columbians can apply here for the BC Emergency Benefit for Workers (BCEBW). The BCEBW is a one-time, tax-free $1,000 payment for British Columbians whose ability to work has been affected by the COVID-19 pandemic. If you are eligible for the Canada Emergency Response Benefit (CERB) you are likely eligible

BCREA Creates Virtual Community for Managing Brokers

In April, BCREA launched our Managing Broker Community of Practice, a virtual community where managing brokers can connect, find important information, hear from guest speakers, and share best practices. The current focus of the Community of Practice is supporting managing brokers with information around the COVID-19 pandemic. Based on the needs of the community, the

Five Ways for REALTORS® to Keep Busy During COVID-19

As REALTORS®, the hustle and bustle of your lives may have quieted due to the COVID-19 pandemic. However, it doesn’t mean you can’t keep busy during this time as you continue to practice social distancing and following government recommended guidelines. Whether you’re continuing to try and conduct business, or are simply looking for ways to

Conducting Live Virtual Tours During COVID-19 and Beyond

During the COVID-19 pandemic, conducting live virtual tours can help real estate business to continue while keeping REALTORS® and clients safe. A live virtual tour, not to be confused with an open house, is a tour of a seller’s property, during which the seller, seller’s Realtor, buyer and buyer’s Realtor are all present using virtual

CRA Launches Calculator for Wage Subsidy Program

Canada Revenue Agency (CRA) has launched an online calculator to help employers estimate the amount of wage subsidy they can expect if they apply for the Canada Emergency Wage Subsidy (CEWS). This calculator will help you to determine some specific line amounts that you will need to enter into the CEWS application form once it

PRECs, Dividends & CERB

REALTORS® with Personal Real Estate Corporations who pay themselves dividends can apply for the Canada Emergency Relief Benefit (CERB), as long as they meet other eligibility criteria. On April 6, 2020, the federal government extended CERB eligibility criteria to include self-employed workers who pay themselves with dividends. According to the CERB government website, non-eligible dividends

Home Inspection Protocols During COVID-19

BCREA is diligently working to keep BC’s REALTORS® informed of the evolving real estate landscape during the COVID-19 pandemic. Preparing your clients for a real estate transaction during a pandemic means being able to explain to them not only how you’ve adapted your business and protocols to reflect the current conditions, but also how related

Communicating During Stressful Times

By Gerald G. Clerx (Success Partner, Engage BRILLIANTLY Training Group) The current pandemic has created a lot of anxiety within the real estate community – it’s a stressful time for everyone. Buyers are uneasy about the future of their investment as well as their ability to qualify and make mortgage payments and sellers are concerned about

More Than Wage Subsidies: Additional Aid for Brokerages

By Anna Jones, CPA, CA (Partner, Church Pickard) The Canada Emergency Wage Subsidy (CEWS) and Temporary Wage Subsidy (read about them here) are just two financial aid programs available to managing brokers as small business owners. The Work-Sharing Program, Canada Emergency Business Account and recently announced Canada Emergency Commercial Rent Assistance programs can all help

PRECs and Wage Subsidy Programs

If you have a Personal Real Estate Corporation (PREC), navigating Canada’s COVID-19 aid programs can seem even more complicated. If you receive a T4 from your PREC and you meet the Canada Emergency Relief Benefit (CERB) income threshold requirement (read more here), you’ll want to calculate which is more beneficial, the CERB or the wage

Staying Secure When Using Zoom and Other Video Conferencing Tools

Professionals connect via video conferencing

REALTORS®, like many other professionals who rely heavily on face-to-face interaction to conduct business, have quickly had to change the way they meet with colleagues and clients during the COVID-19 pandemic. While the change may be a lot for some, tools like Zoom have made meeting virtually easier than ever. But a significant increase in

Broadened CERB Criteria Makes More REALTORS® Eligible

On April 15th, the Government of Canada broadened the Canada Emergency Response Benefit (CERB) criteria by allowing applicants to earn up to $1,000 in each four-week eligibility period. People who are eligible for Employment Insurance or sickness benefits or who have exhausted their Employment Insurance benefits between December 29, 2019 and October 3, 2020 are

CREA Introduces Feature to Highlight Live-Streamed Open Houses on REALTOR.ca

As COVID-19 continues to impact the way REALTORS® conduct business, virtual showings and living-streaming of open houses have become useful tools for Realtors looking to replace traditional in-person viewings. In support of virtual practices, the Canadian Real Estate Association (CREA) has introduced a new feature on REALTOR.ca that allows Realtors to highlight live stream open

UPDATE: Conveyancing in the Time of COVID-19 – So Far

This post was updated on April 3, 2020 to include additional information on remote witnessing of affidavits in support of land title applications. Even with the Land Title and Survey Authority’s (LTSA) notice temporarily allowing for affidavits for use in land title applications to be taken remotely (by video), there may still be other documents

CERB or CEWS: Which Federal Aid is Right for You?

If you are a REALTOR® trying to understand whether you should apply for the Canada Emergency Response Benefit (CERB) (due to launch April 6) or the Canada Emergency Wage Subsidy (CEWS) (launch details unavailable) there are two questions to ask yourself: Are you self-employed? Have you incorporated as Personal Real Estate Corporations (PREC) and receive

Applying for CERB – Start with a CRA My Account

In order to apply for the new Canada Emergency Response Benefit (CERB), expected to launch April 6, you must first have an online account with Canada Revenue Agency (CRA), called CRA My Account. The British Columbia Real Estate Association (BCREA) recommends that all REALTORS® who intend to apply for CERB and who do not yet

Three Ways to Virtually Show a Property During COVID-19

Realtors can get creative to continue to show properties without the risk associated with in-person showings

REALTORS® are being challenged to meet obligations to clients who they entered into a business relationship with before social distancing orders came into effect and to meet the needs of new clients who may need to buy or sell despite the pandemic. This means they’re often caught in the crossfire of client expectations and civic

LTSA Continues to Meet Demand

More than 8500 applications processed this week While Land Title and Survey Authority of British Columbia (LTSA) has introduced social distancing measures in their offices, such as restricting access to staff, direct access pass-holders and Registry Agents, it’s keeping up with customer demand and expects to remain open for business. In a statement posted on

What Does the COVID-19 Virus Mean for REALTORS®?

The COVID-19 virus is impacting more than people’s health. It’s changing our travel plans, how we do business and the larger economy. REALTORS® also need to adjust to protect themselves and their clients. The National Association of REALTORS® (NAR) has put together this great resource – we’ve listed some key Q&As below. What’s the most

Three Tips for Managing REALTOR® Risk from Leslie Howatt of E&O

Leslie Howatt from Errors and Omissions Insurance Corporation talking in front of a microphone during the BCREA podcast recording

Whether it’s home insurance for homeowners, life insurance for families, or business insurance for business owners, insurance is a big part of life. Former international soccer star David Beckham reportedly had his legs insured for 195 million dollars. And it makes sense – if you’ve got something you value, you protect it. But Beckham’s protection

Best Practices for Do-Not-Call Lists

Lead generation is an important part of a REALTOR®‘s work but there are some risks too, especially when it comes to telemarketing. REALTORS® and brokerages need to understand their role in protecting consumer privacy before picking up the phone – and it starts with the national Do-Not-Call List. What’s the national Do-Not-Call List? The Canadian

Keeping Clients Out of Hot Water Over Groundwater Licencing

Droughts, water restrictions and wildfires have all become part of a typical BC summer, just like Okanagan cherries or a BC Day barbecue. Despite all of BC’s lakes and rivers, the truth is that water scarcity is a serious concern. That’s why the provincial government introduced the Water Sustainability Act in 2016, which requires anyone diverting and

REALTORS® and Radon: Protecting Buyers and Sellers

Radon, a naturally occurring odourless and colourless radioactive gas, may be out of sight but it certainly shouldn’t be out of mind when it comes to real estate transactions. In fact, radon is present at different concentrations (depending on the makeup of bedrock or sediment) throughout Canada. If radon levels are too high in a

In a Bind Over Home Insurance?

How to secure coverage during wildfire season Most buyers won’t realize there’s a difference between an insurance company giving them a quote for an insurance policy and an insurance company binding an insurance policy. But as a REALTOR®, you certainly should. When an insurance provider “binds” an insurance policy it means they’ve issued the policy

REALTOR® Safety Quiz

How high do you score? One of the best parts of being a REALTOR® are the relationships you build with clients. Still, getting to know new clients isn’t without risk and veteran REALTORS® all have their stories of awkward or even dangerous situations they’ve experienced over the years. There are lots of resources available online

Pooled Registered Pension Plans

A retirement savings option for REALTORS® REALTORS® in BC are generally classified as self-employed. Self-employed individuals who don’t have access to a workplace pension plan need to consider other retirement savings options. A Pooled Registered Pension Plan (PRPP), which pools your assets with those of others to reduce administration costs, is one option that you

Home Insurance During Wildfire Season

Wildfires have had a devastating impact on communities across BC in recent years. This year’s wildfire season has already begun and, as a REALTOR®, you can help protect your clients by reminding them of the importance of home insurance, both year-round and when buying or selling a home. If your client is buying a home,

The Value of Going Cashless

Cashless deposits aren’t mandatory, but they sure are best practice So your clients have put an offer down on their dream property. The offer is accepted and the next step is to put down the deposit. In most cases, your client will already have contacted their bank and lined everything up to make the transfer.

Unpermitted Work and Buying or Selling a Home

What your clients need to know Whether your clients are buying or selling a home, unpermitted work—any renovation or modification made to a home for which the appropriate municipal building or other permits were not obtained—can prove to be problematic if not dealt with head-on. For sellers: disclose, disclose, disclose As the listing brokerage, you

FINTRAC Compliance? There’s an App for That!

If you’re looking to reduce errors and omissions when it comes to completing FINTRAC individual identification and receipt of funds forms, you might want to check out the FINTRACKER™ app created by Forward Form Solutions Inc. The app is meant as a digital FINTRAC reporting solution for real estate professional to help reduce human error,

Invasive Species

When that little squirrel becomes a big problem Invasive species come with a series of problems, especially if you’re not aware of the risks. Whether you’re a REALTOR® conducting business on Vancouver Island, or northern BC, understanding what invasive species are found in your area is the first step in helping your client avoid those

The Role of REALTORS® in Helping the Government Stop Money Laundering

There are a lot of myths out there about REALTORS®, real estate transactions and money laundering. Unfortunately, the public has nowhere to go get unbiased information about REALTORS®’ roles in identifying criminal activity. That’s why BCREA has created an infographic for REALTORS® to share with their networks and help consumers understand the role of REALTORS®

CREA announces new WEBForms® service provider

In November, the Canadian Real Estate Association (CREA) announced it will be transitioning to a new service provider for CREA WebForms® in 2019. The new CREA WEBForms® will be powered by the leading transaction management platform TransactionDesk® by Lone Wolf Technologies. The Fraser Valley Real Estate Board (FVREB) first developed WEBForms and sold it to CREA in